980 Cape San Blas Rd - Restaurant FOR SALE


Port Saint Joe, FL 32456
$959,393 USD
332-345-4311
980 Cape San Blas Rd, Port Saint Joe, FL for Sale
$959,393 USD
Restaurant - FOR SALE
1/2
null | 7.25% Cap Rate

980 Cape San Blas Rd
Port Saint Joe, FL 32456


HIGHLIGHTS

  • Long-Term Absolute Triple (NNN) Lease
  • Corporate Guarantee from StayTerra Vacations, LLC
  • Strong Corporate Growth
  • Significant AUM

OVERVIEW

Surmount is pleased to present the exclusive listing for a Cape & Coast Premier Properties located at 980 Cape San Blas Road, Port St Joe, FL 32456. The site consists of roughly 2,166 rentable square feet of building space on an estimated 0.47-acre parcel of land. This Cape & Coast Premier Properties is subject to a 20-year Triple Net (NNN) lease, which commenced 8/20/2025. The current annual rent is $69,556 and has scheduled increases of 3.00% annually starting year 7.

FOR SALE DETAILS

PRICE

$959,393 USD

PRICE/SF

$433 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cape & Coast Premier Properties

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,464 SF

ZONING

Commercial

APN/PARCEL ID

06288-111R

ASK ABOUT THIS PROPERTY

Francis PurritanoSurmountMore Info
332-345-4311

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Francis PurritanoSurmountMore Info
332-345-4311

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.